From the October 2008 press release announcing the opening of the New York offices of Istithmar World Capital, the investment arm of Dubai World, which is currently in the process of defaulting on about $60 billion in debt:
“The Prince George Ballroom located in Manhattan’s Madison Square North Historic District, also prominent for its architectural and artistic splendour and its non-profit nature of business was the venue for the office opening ceremony…” (emphasis ours)
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